An exercise machine includes a frame, a seat selectively movable with respect to the frame, and a resistance mechanism connected to the frame. The seat is adjustably positioned between an upright position that orients a user in an upright orientation with respect to a pedal assembly when the exercise machine is in an upright exercise mode and a recumbent position that orients the user in a recumbent orientation with respect to the pedal assembly when the exercise machine is in a recumbent cycling exercise mode.